Monthly rent

$2,700

Beds

Baths

Sqft

521

Monthly rent	$2,700
Beds	1
Baths	1
Sqft	521

1 Day Ago

Location

551 Michigan Ave #221, Miami Beach, FL 33139, USA|Flamingo - Lummus

Tour 551 Michigan Ave #221

Contact

Karen Buitrago

Core Realty Associates, Inc.

(786) 452-5084

About 551 Michigan Ave #221

Property Status: Active Fully furnished and move in ready!! this unit offers a bright and confortable living space with tasteful furniture. Perfect for tenants looking for comfort in a great location close to shops, restaurants and everyday essentials. Immerse yourself in the full South Beach experience. Minimum Lease Term of 6 MONTHS may be considered. For showings please text agent! Office Phone: (786) 457-3153 Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Source: MAORFL|MLS Listing No. A11931849

Go to property website

Neighborhood

Flamingo - Lummus

Zip code

33139

Type

House for rent

Rent trends in Flamingo - Lummus

1-bedroom apartments at 551 Michigan Ave #221 cost about 32% more than the average rent price for 1-bedroom apartments in Flamingo - Lummus.

Median rents as of Dec 13 2025.

Flamingo - Lummus

Miami Beach

A table of 1-bedroom apartment rental data trends in Miami Beach
Month	Median Rent
December 2023	$2,461
January 2024	$2,500
February 2024	$2,500
March 2024	$2,580
April 2024	$2,612
May 2024	$2,700
June 2024	$2,710
July 2024	$2,612
August 2024	$2,648
September 2024	$2,587
October 2024	$2,500
November 2024	$2,470
December 2024	$2,500
January 2025	$2,462
February 2025	$2,400
March 2025	$2,500
April 2025	$2,700
May 2025	$2,550
June 2025	$2,522
July 2025	$2,518
August 2025	$2,519
September 2025	$2,505
October 2025	$2,510
November 2025	$2,500
December 2025	$2,475

A table of 1-bedroom apartment rental data trends in Flamingo - Lummus
Month	Median Rent
December 2023	$2,200
January 2024	$2,200
February 2024	$2,200
March 2024	$2,200
April 2024	$2,200
May 2024	$2,200
June 2024	$2,194
July 2024	$2,100
August 2024	$2,120
September 2024	$2,200
October 2024	$2,200
November 2024	$2,174
December 2024	$2,128
January 2025	$2,187
February 2025	$2,162
March 2025	$2,263
April 2025	$2,211
May 2025	$2,198
June 2025	$2,200
July 2025	$2,170
August 2025	$2,100
September 2025	$2,100
October 2025	$2,100
November 2025	$2,100
December 2025	$2,075

Affordability calculator

Can I afford to live at 551 Michigan Ave #221?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$108,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $108,000 annually to afford this 1-bedroom monthly rent price of $2,700.

For more information on rent affordability, visit our rent calculator.

Schools near 551 Michigan Ave #221

Getting around Miami Beach near 551 Michigan Ave #221

Walking

10/10

No car? No problem. Everything you need is within a few blocks.

Driving

5/10

This area is accessible to thoroughfares and has ample parking options.

Cycling

8/10

Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

4/10

There are a few mass transit options within the area.

Points of interest for 551 Michigan Ave #221, Miami Beach

Groceries

10/10

At least one supermarket within a 5-minute walk

Shopping

9/10

Exceptional variety of shops within a few minutes’ walk

Cafes

6/10

Some cafés within a few minutes’ walk

Restaurants

8/10

Wide variety of restaurants within a few minutes’ walk

Primary schools

10/10

At least one elementary school within a 5-minute walk

High schools

0/10

Closest high school further than a 30-minute walk

Parks

7/10

Large amount of park space nearby

Nightlife

8/10

Wide variety of bars within a few minutes' walk

Explore the area around 551 Michigan Ave #221

Michigan Market Inc

531 Michigan Ave

Allegro Fresh Marketers

1000 5th St

Meridian Food Market

812 6th St

Publix

1100 6th St

Calle 6 Food Market

630 6th St

551 Michigan Ave #221551 Michigan Ave #221, Miami Beach, FL 33139, USA

Location

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Contact

Amenities for 551 Michigan Ave #221, Flamingo - Lummus

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Applicants

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REQUIRED FEES

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About 551 Michigan Ave #221

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Schools near 551 Michigan Ave #221

South Pointe Elementary School

Miami-Dade Virtual High School Franchise

Chapman Partnership North Early Childhood Center

Thena Crowder Early Childhood Diagnostic Special Education Center

Teenage Parent Program

Internet available near 551 Michigan Ave #221

Getting around Miami Beach near 551 Michigan Ave #221

Walking

Driving

Cycling

Transit

Points of interest for 551 Michigan Ave #221, Miami Beach

Groceries

Shopping

Cafes

Restaurants

Primary schools

High schools

Parks

Nightlife

Explore the area around 551 Michigan Ave #221

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Property types near Flamingo - Lummus

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Homes in Flamingo - Lummus

551 Michigan Ave #221
551 Michigan Ave #221, Miami Beach, FL 33139, USA